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By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Softer-than-expected U.S. inflation lit a fuse under investor risk appetite and asset prices on Wednesday which should fire up...
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq posted record closing highs for a third straight day on Wednesday after inflation data came in softer than expected but the indexes...
Investing.com -- The Federal Reserve kept interest rates unchanged on Wednesday, but in a hawkish surprise the central bank now sees just one rate cut for the year, as inflation is expected to trend...
Investing.com -- The S&P 500 closed above 5,400 Wednesday as the Fed's outlook for fewer cuts were overshadow by data showing inflation cooled more than expected in May, stoking optimism that the...
(Reuters) -Caterpillar has raised its share repurchase authorization by $20 billion and quarterly dividend by 8%, the company said on Wednesday, sending its shares up 2%. With the expanded...
By Jamie McGeever ORLANDO, Florida (Reuters) - U.S. equity market concentration is, by some measures, now the strongest ever, raising justifiable concerns that having the entire market's fate in the...
Following the latest US inflation data, Wall Street economists have been quick to offer their views on the numbers. After the data release, stocks rallied, with the S&P 500 currently up 1.1% and the...
By Lananh Nguyen NEW YORK (Reuters) -The oldest U.S. bank is getting a new name. Bank of New York Mellon (NYSE:BK) is embracing BNY as its new moniker, it announced on Tuesday. The company also...
The Consumer Price Index (CPI) data for May showed a lower-than-expected increase, suggesting a potential shift in the Federal Reserve's interest rate policy in the coming months. The core CPI, which...
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